SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Charts for Quick CASH $$$ -- Ignore unavailable to you. Want to Upgrade?


To: rustyjack who wrote (5231)12/2/1997 11:45:00 PM
From: Galirayo  Respond to of 9262
 
[ HDSN ] Hi, Ron.

That's a White Inverted Hammer. But actually since the Shadow is as long as it is ... it would be called a Takuri Line.

Whether they are considered Bullish or Bearish will depend on the Trend. Hammers and inverted hammers are Reversal Candles. They Reverse the previous trend.

In the case of HDSN it was in an UP trend on 11/26. Then a Doji. indecision wait for confirmation. 12/01 a Black Hammer to confirm the Doji and now a Down trend.
Now 12/02 a White inverted Takuri Line. Reverse the Down to an Up Trend now.

So in this case it's bullish. I'd call that one a Hammer Reversal.

Check out Hammers here and also Hanging Man.
iqc.com

HTEC ... Yes, Looks like it's building some Momentum. It's on the MACD 13,34,89 Trigger today. Has an OBV and Cume MFlow triggers coming up.

Ray